The media – or some of it – is promoting the narrative that the federal government is Musk’s silent partner in the Twitter purchase.
The immediate impression upon hearing that may be that Musk received a special break, perhaps a low cost loan or special credit.
Listen closely and you will find what they are talking about is the Internal Revenue Code that applies to every American. What they are talking about is the fact that the appreciation on Musk’s stock holdings are not taxed until the stock is sold and actual income received.
Does it logically matter whether your unrealized gain is $10,000, $100,000 or $1,000,000 or more? In my opinion it doesn’t. Where is does matter is in the strategy of politicians and their media friends trying to create envy and division based on wealth while ignoring the benefits to society created by many of the targets of their attacks.